Alarm contract is 3 yrs, but I write off on taxes, and ask alarm co for certificate, I get a about 20% off landlord insurance through AAA.

I have some in a house we are remodeling and the City Building Inspector told me that he wouldn't give me a certificate of occupancy with them in it.

I also thought maybe I'd have him look at some language I want to add to the purchase agreement (such as asking for estoppel certificates for all tenants, asking for copies of all lease agreements, etc.).

As Ron points out, a lot of houses with "English basement units" are listed as single-family since they don't have a separate Certificate of Occupancy for the second unit.

I also know he studies to keep up with his CPA certification, and figuring out how to book it, and report it on the schedule E should be no sweat.

Three years is calculated from the date of issuance of the final certificate of occupancy to the date the Firm Commitment application is submitted for FHA mortgage insurance.Minor repairs and replacements are allowed and are payable from mortgage proceeds.

One day it is a gold certificate in value and the next it's toilet paper.It's not a tangible asset.I do know people with millions to multi-millions in stock.

But you need to complete a certification and pass a housing inspection. 

The Loan Warrantee Certificate matures in five (5) years to the amount of the original loan, which in this case, is $100,000.00.

(He tried getting a quote elsewhere but that just increased his expense by another few thousands)As they were trying to still make this deal work a potential environmental issue popped up, putting the final nail in this coffin ⚰️ Make sure your due diligence is taking this into account.Some helpful tips are to ask the seller for all of his actual policies (not just certificates) and comparing them to your lender requirements.This may unearth some pertinent information,So don’t just rely on that number on the OM, dig deeper!